"Less transparency" means that there is a reduction or decrease in the amount of openness, clarity, and information that is available or visible to the public. Full definition
Prices for mortgage protection insurance can vary widely; there is less transparency in this market and there are too many variables to accurately compare prices. (policyzip.com)
It means that there is a lot more uncertainty for individuals and a lot less transparency about which firms really do offer the best packages. (legalweek.com)
He points out that less transparency implies that executive teams hide bad news. (nreionline.com)